Iran importers face sanctions shell game
Trump’s sanctions plan lacks international support for now, but importers will nonetheless have to adapt
Iran's biggest oil customers will face a far more complex trading landscape in the coming months as US President Donald Trump's unilateral decision to exit the nuclear deal begins to take effect. Although the deal stands and its six other signatories remain committed, the US's dominant role in global economics ensures that Trump's decision to exit the Joint Comprehensive Plan of Action will disrupt the world's oil and gas supply lines. The US Treasury Department has already confirmed it will reinstate restrictions on companies doing business with Iran in the oil and banking sectors after 90- and 180-day grace periods respectively. As it currently stands, the US withdrawal creates a situatio
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